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← Fortitude Re

AVP, Treasury FHLB & Secured Funding

Fortitude Re
Location
Jersey City
Posted
20 days ago
Department
Treasury Services
What they actually want (must-haves)
  • Bachelor’s degree in finance, Accounting, Business or related field
  • 7+ years of insurance, banking, accounting, corporate finance, investments or related experience with leadership experience
  • Direct experience with FHLB membership application, advances, and/or collateral pledging
  • Understanding of insurance statutory accounting as it relates to FHLB stock and collateral
  • Proficiency in Bloomberg
  • Detail oriented and highly organized
Nice to have
  • CFA, CTP, CPA or similar designation
  • Familiarity with FHLBank's credit policies
  • Direct experience in reinsurance transactions of Life and Annuity and/or Property and Casualty blocks of business
  • Experience in treasury management systems
What the job really is

The AVP, Treasury FHLB & Secured Funding role at Fortitude Re involves managing the company's Federal Home Loan Bank (FHLB) membership and collateral pledging. The successful candidate will oversee collateral management, liquidity strategies, and regulatory compliance, while collaborating with various teams to optimize funding strategies and ensure adherence to FHLB policies. This position requires a strong understanding of insurance statutory accounting and FHLB operations, ideally gained in an insurance setting.

Benefits
  • Annual bonus based on company and individual performance
  • Generous benefits package
Things to weigh
  • No specific mention of remote work flexibility beyond hybrid arrangement
  • Salary range provided but may vary based on experience and location
  • Role requires significant experience in a specialized area, which may limit candidate pool
Job score2.6/5
Benefits1/5
Freshness4/5
Career value4/5
Role clarity4/5
Pay transparency0/5

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